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About form 15CA/CB

This query is : Resolved 

22 June 2011 Dear experts,

If there is an individual who wants to make payment to non-resident in Mauritiuos then is it necessary to deduct the TDS ?

1) He is making payment for Web designing charges.

2) Further this individual is not having TAN number, then if TDS is deducted then where it should be paid and on which TAN.

3) IF TDS is deducted then is it necessary to file TDS Return ?

Please reply urgently..

23 June 2011 hello friend

If individual auditable his books of account under section 44AB then its liability of tds raise otherwise not

Tds will be Deducted @10%
TAN has to apply, TDS deducted and deposted to central Govt. account Prescrived Form 281, if TDS deduted, TDS Return has to file otherwise the benefits of Tax deducted by Individual will not be available

Thanx


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